Tag Archives: Asia

Demand for Russian gas supplies is increasing in China.

LNG prices in Asia are likely to remain largely unaffected for now.

Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.

Crude oil exports from southern Iraq are close to a record-high so far in September.

Saudi Arabia is expected to take the issue of balancing the market at the upcoming summit of OPEC.

For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.

At the last OPEC meeting in Vienna. the agreement was extended again until the end of 2018.

The tariffs undermine Trump'.s drive to use US shale oil and natural gas to turn the US into a global energy leader.

The tariffs are likely to limit economic activity in both China and the United States.

Iraq had oil reserves of 153 billion barrels as of last year.